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$ 2,500,000
Est. payment | /mo
61,502 SqFt
$ 2,500,000
Est. payment | /mo
61,502 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 61,502 sqft
Price per Sqft $40
Subdivision Cherryland Center
MLS Listing ID 78080066350
Year Built 1977
Lot Size 8.480 Acres
Acres 8.48
Property Description
K1 Speed is an exciting indoor go-kart racing facility located in Traverse City, Michigan, offering a high-energy entertainment experience for all ages. This turnkey business features a professionally designed indoor track, state-of-the-art electric go-karts, an extensive arcade, the Paddock Lounge restaurant and bar, and a strong brand reputation known for safety, speed, and fun. The climate-controlled environment allows for year-round operation, making it a consistent revenue generator regardless of weather. K1 Speed hosts birthday parties, team-building events, and private group bookings, providing multiple income streams. This business benefits from steady local traffic as well as seasonal tourism.
Location
State MI
County Grand Traverse
Area Area28041Garfieldtwp
Interior
Heating Forced Air, Natural Gas
Flooring Concrete
Fireplace No
Exterior
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Traverse City
Others
Acceptable Financing Cash, Conventional, Other, Trade1031Exchange
Listing Terms Cash, Conventional, Other, Trade1031Exchange
Special Listing Condition Standard
©2026 Realcomp II Ltd. Shareholders
Listed by Mark D Hagan of Coldwell Banker Schmidt Traverse City